Esker Blog
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As we begin 2025, businesses are looking for new ways to improve efficiency, reduce costs, and stay competitive in an ever-evolving market. One area that has seen tremendous growth and potential for improvement is order management. AI and automation are revolutionizing this space, helping...
When a business sells goods or services on credit, it generates an invoice. Until it’s paid by the customer, this invoice is considered accounts receivable (AR) — money the business expects to collect in the future. The central role of AR departments has always been to convert these theoretical...
In today’s fast-paced business environment, organisations are increasingly turning to automation to streamline operations and improve efficiency. One area where automation is making a significant impact is Accounts Payable (AP). By automating AP processes, businesses can reduce manual errors,...
In today’s fast-paced business environment, efficiency is no longer a luxury it’s a necessity. Financial operations, once bogged down by manual processes and human error, are now being transformed through the power of artificial intelligence (AI). As we enter 2025, AI-driven finance automation has...
Recently, a customer asked me what steps they could take while waiting to launch an automation project. This question prompted me to reflect on various challenges that clients have encountered and how they addressed these obstacles while preparing to implement accounts payable (AP) automation. The...
In the fast-paced world of business, efficiency and accuracy are paramount. However, many organisations struggle to maintain these standards in their accounts payable (AP) processes. Manually handling invoices, approvals, and payments eats up valuable time and disrupts your workflow. Not to...
In today's increasingly competitive business landscape, effective financial management is paramount, and accounts receivable plays an essential role in ensuring healthy cash flow. In recent years, there has been a notable shift towards accounts receivable automation, harnessing the power of...
Esker is thrilled to be included in a first-of-its-kind Digital World Class Matrix™ by The Hackett Group®, which analyzes and ranks 18 leading customer-to-cash (C2C) software providers on the processes of credit management, order management, and customer billing/electronic invoice presentment and...
In the fast-paced world of B2B commerce, maintaining operational efficiency and best-in-class customer service can significantly impact a company’s bottom line. This necessity has led businesses to closely monitor their order management processes using Key Performance Indicators (KPIs). Effective...
Tired of manual process of matching incoming payments? In today's fast-paced business environment, finance professionals need to optimise every process, especially cash application. This crucial function can be a major time drain and a source of errors if not handled efficiently. But fear not!...
What is Accounts Payable in Accounting? Accounts payable (AP), often referred to as payables, is a critical function within any business. It involves managing and tracking the money your company owes to its suppliers and vendors for goods and services received. While it might seem like a behind-...
Corporate sustainability transcends mere compliance with corporate social responsibility metrics. It has evolved into a strategic imperative — one that directly impacts long-term value creation. Finance executives must recognise that sustainability isn’t just about mitigating risks; it also...
Esker Continues Doing “BIG” Things in the World of Customer Service Esker was recently recognised as a 2024 finalist for BIG’s Excellence in Customer Service Awards. It has been said ad nauseum, but that doesn’t make it any less true: Customer service has never been more important. That’s why,...
Have you noticed? There’s a new acronym showing up in the Finance and Procurement scene: S2P. Standing for “source-to-pay,” it’s not just a rebrand for procure-to-pay (P2P). Rather, it’s an expanded approach to managing and optimising the process of procuring goods and services by starting at the...
In today’s fast-paced business environment, managing collections efficiently is crucial for maintaining healthy cashflow and minimising manual workload. Collections management automation offers a solution by streamlining processes, reducing errors and accelerating payment cycles. Traditional...
In the dynamic landscape of Procurement, where efficiency and cost-effectiveness reign supreme, the emergence of eSourcing has transformed the way businesses manage their sourcing processes. In this comprehensive guide, we delve into what is eSourcing, its mechanics and the myriad benefits it...